Clearly GE has positioned themselves to reach 30 by year end.....sale of the finance unit (with the loss anticipated) will result in a company that will benefit enormously at the time of renewal of economies world wide. Conservative investors are positioned to be beneficiaries of this equity and its unique capability to protect them from any inflationary worry long term.
not nearly what ese lead investors to believe when divestiture announced a year ago...Is mgt veracity now in question?
Where is the BOD leadership....why allow him to stay another 2 years and show his ineptness repeatedly. Don't the BODs realize how very little he has done for the company?
Shame on you! Hyping the company in the face of significant downside....your credibility has been damaged and it will be difficult to regain! For those of us (long term holders of ESE) a bitter disappointment indeed!
conference only indicated Vic.....you spoke too soon about the sale......obviously the bidders are driving a hard bargain.....don't sell too cheap.....you already have cost shareholders bundles of dollars!
but were late to the ball........now competitors are taking their thunder!
Still no sale, maybe mgt overestimated the interest in the meter business! I hope not.....but silence will need to be addressed at the next earnings call. Cross your fingers and hope for the best.
In a market that has rewarded dividend payers....this puppy maybe needs euthanized!
HOWEVER.....THE STREET CONTINUES TO BE UNRESPONSIVE.....A VERY DIFFICULT STOCK TO HOLD IN A MARKET THAT IS TOUCHING THE STRATOSPHERE! Me thinks I will put it away for a couple of years and hope for the best......too difficult to following based upon mgt's news releases....
much appreciated. I too have a substantial holding and was buying more today.....I am and always have been a long term investor. As for Apple.....rumor is the name of the day. I would be very surprised (but pleased) to see them cover themselves with a position in GLW.
The street really hates this company and/or doesn't trust mgt and their spokesman concerning the benefits of the Samsung deal. Is the reluctance to push the stock price to a reasonable value....18 or so based upon hidden legacy legal costs such as the asbestos overhand? Something is really fishy about the action of GLW in the face of all the alleged upgrades.Comments are welcome.
Hopefully they have a number of interested parties at a fair price
Management seems to be unable to grow the company......the market voices optimism however leadership seems to be lacking.....I suggest peddling this company to Apple or another that can benefit by the diversification and at the same time "usher out the fat cats" running Corning without significant benefit to shareholders. We need an Icahn to awaken the board to that fact!